Ethereum trades in downward channel and can continue to decline

Hello traders, I want share with you my opinion about Ethereum. By observing the graph, we can see how the price created a support area1460-1470 from which it bounced off and formed an upward impulse to the level 1740. Next, the price begin to decline and formed downward channel which it is currently trading inside. Inside the channel, Ethereum formed a resistance line, which was price retested and bounced down it. Now the price is trading below the resistance line and may continue to fall. So for Ethereum, I set two goals at level 1625 and at a level 1580 which coincide with the support line of channel. Please share this idea with your friends and click Boost🚀